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11920 Forge Pl 10,095 SF Industrial Condo Unit Offered at $3,977,484 in Richmond, BC V7A 4V9



INVESTMENT HIGHLIGHTS
- Newly built industrial strata unit with modern tilt-up construction.
- High-clear warehouse with dock and grade loading.
- Flexible zoning for a wide range of industrial uses.
- Direct access to major highways and key logistics hubs.
- Concrete mezzanine and ESFR sprinkler system.
- Excellent corporate image and natural light.
EXECUTIVE SUMMARY
Strategically located with immediate access to Highway 99 and Highway 91, the property offers seamless connectivity to Vancouver International Airport (20 minutes), Deltaport (20 minutes), and downtown Vancouver (45 minutes). The IB-1 zoning supports a wide range of industrial uses, including distribution, light manufacturing, and business services.
PROPERTY FACTS
| Total Building Size | 69,546 SF | Typical Floor Size | 4,542 SF |
| Property Type | Industrial (Condo) | Year Built | 2024 |
| Property Subtype | Warehouse | Lot Size | 1.76 AC |
| Building Class | B | Parking Ratio | 0.72/1,000 SF |
| Floors | 1 | ||
| Zoning | IB-1 - Industrial Business Park | ||
| Total Building Size | 69,546 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,542 SF |
| Year Built | 2024 |
| Lot Size | 1.76 AC |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | IB-1 - Industrial Business Park |
AMENITIES
- 24 Hour Access
- Front Loading
- Mezzanine
- Security System
- Signage
- Shallow Bay
- Air Conditioning
- Smoke Detector
UTILITIES
- Lighting - Fluorescent
- Heating - Gas
1 UNIT AVAILABLE
Unit 135
| Unit Size | 10,095 SF | Condo Use | Industrial |
| Price | $3,977,484 USD | Sale Type | Owner User |
| Price Per SF | $394.01 USD | No. Parking Spaces | 7 |
| Unit Size | 10,095 SF |
| Price | $3,977,484 USD |
| Price Per SF | $394.01 USD |
| Condo Use | Industrial |
| Sale Type | Owner User |
| No. Parking Spaces | 7 |
DESCRIPTION
The unit features 28-foot clear ceiling heights, one dock-level door, one grade-level door, and 200 amp, 600 volt 3-phase power. ESFR sprinklers, gas-fired heating, and ceiling fans ensure safety and comfort. The concrete tilt-up construction includes a concrete mezzanine with 100 lbs/SF load capacity and a warehouse floor rated at 600 lbs/SF. Seven dedicated parking stalls and ample truck maneuvering space enhance logistics capabilities.
SALE NOTES
Unit 135 at 11920 Forge Place presents a rare opportunity to acquire a newly constructed industrial strata unit in Richmond’s thriving business corridor. Completed in 2024, this 10,095 SF facility combines modern design with operational efficiency, making it ideal for owner-users or investors seeking a foothold in one of Metro Vancouver’s most supply-constrained industrial markets.
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11920 Forge Pl
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